Scrap Monster

Metal Recycling News

Plans of  Exchange-based Scrap Metal Exports Trading Put on Hold
The reform requires amendment of several legislative laws, before it can be finally implemented.
May 29th 2020
BIR Handbook Updates on Global Ferrous Scrap and Steelmaking Statistics
The global steel production was up by 3.4% in comparison with 2018.
May 28th 2020
Scotiabank Hit by $168M in Costs Due to Closure of Metals Business
For years, Scotia Bank had been the world’s biggest lender to the physical precious metals…
May 27th 2020
Copper Scrap Markets Faced Significant Downturns in Supply and Demand
The demand for scrap is likely to show improvements in June and July as many…
May 26th 2020
China approves imports quotas of another 14,023 T of copper scrap
China has approved import quotas for another 10,423 tonnes of high-grade copper scrap and 1,480…
May 25th 2020
Turkish Steel Mills Boost  Ferrous Scrap Cargo Purchases
Meantime, the domestic rebar sales hit the highest level in second week of May this…
May 22nd 2020
Copper Scrap Export Markets Underwent Major Shift
The reduced imports by China are attributed to heightened purity levels prescribed for imports.
May 22nd 2020
Japanese Ferrous Scrap Exports Surged by One-Third
The country exported 2.41 million tonnes of scrap during Q1 this year, significantly higher by…
May 20th 2020
China Approves Seventh Batch of Scrap Import Quotas
The seventh batch granted permits to 14 companies to import copper scrap.
May 20th 2020
Controversial Scrap Metal Yard Hit by Major Explosion and Fire
According to Chicago Fire Department, the cause of the explosion remained unclear.
May 19th 2020
UK Ferrous Scrap Exports Dipped by a Tenth
The south Asian region too witnessed increased imports from the UK, led by Pakistan and…
May 19th 2020
U.S. Aluminum Scrap Exports Dipped
The country’s import volume of aluminum scrap too dropped significantly by nearly one-fifth through March…
May 18th 2020
ISRI: Ferrous Scrap Industry Looks Forward to a New Normal
Looking ahead, the ferrous scrap market is expected to be supply-driven in June.
May 18th 2020
15th May, 2020-North American Scrap Metal Prices Dipped on Index
The Brass/Bronze Scrap prices in the North American region remained totally flat on Index.
May 18th 2020
Copper Waste and Scrap Exports Collapsed 7%
The other key foreign markets were Malaysia ($68.93 million) and Germany ($53.07 million).
May 15th 2020